NO LOVE AT BROADCOM / VMWARE (12/01/23)

Am I Next? Layoffs at VMware.

DECEMBER 1, 2023 — 2,000+ LAYOFFS IS THE NEW NUMBER

Broadcom will lay off about 2,000+ VMware employees, with 1,267 employees in California following its acquisition of the cloud-computing firm. Approximately 600 additional positions within the company are expected to be eliminated in Washington, Colorado, and Georgia

“This will not result in the closure of the entire facility, but will only impact certain employees selected for layoff. This planned action is expected to be permanent.

NOVEMBER 29, 2023 — VMWARE LAYOFFS BEGIN AFTER MERGER WITH BROADCOM

VMWARE has announced the layoffs of 184 employees in Broomfield, Colorado, after its $69 billion merger with San Jose, California-based Broadcom. Layoffs are scheduled to commence on January 26, 2024.

Additionally, 217 employees will be laid off in Atlanta, Georgia.

The email sent to employees stated, “As part of integration planning, and following an organizational needs assessment, we identified go-forward roles that will be required within the combined company. We regret to inform you that your position is being eliminated and your employment will be terminated.”

MAY 23, 2022 — RED FLAG WARNING: COMPANY FINANCIALS LEAVE VMWARE OPEN FOR ACQUISITION, DOWNSIZING

It appears that one of the companies interested in acquiring VMWARE is San Jose, California-based communications chipmaker Broadcom.

It would allow Michael Dell (40%) and Menlo Park, California-based Silver Lake, the private-equity firm, to cash out pre-recession and give Broadcom a hedge against global chip issues.

FEBRUARY 26, 2021 — 107 PALO ALTO EMPLOYEES TO BE LAID OFF

Continuing with its restructuring and workforce balancing, the company announced 107 layoffs, including 14 remote workers, at its Palo Alto headquarters commencing March 30, 2021. This is part of the layoffs announced in January.

JANUARY 31, 2021 — UP TO 310 EMPLOYEES TARGETED FOR LAYOFF

This appears to be part of the company’s annual workforce balancing program. Dell Technologies is set to spin off its 81 percent stake in VMware later this year to Dell and VMware shareholders.

According to a company spokesperson, “We can confirm that there have been a limited number of changes to our workforce this month (January 2021), impacting less than one percent of the total employee population. This is a part of regular workforce rebalancing that ensures resources across VMware’s global businesses and geographies are aligned with strategic objectives and customer needs.”

SEPTEMBER 15, 2020 — PERMANENT REMOTE WORKERS SCREWED, LOSE SALARY BUMP IF THEY MOVE OUT OF SILICON VALLEY

The company has announced that employees who become permanent remote workers will get a pay cut, up to 18%, if they move out of Silicon Valley to a less-expensive city. This is based on the “competitive costs” of local labor vs. the greater cost of living in Silicon Valley. It is unknown if the company will bump the salary of remote workers if they voluntarily move to a more expensive city.

FEBRUARY 15, 2020 — 211 EMPLOYEES TO BE LAID OFF IN PALO ALTO, CALIFORNIA

The company has announced that as a part of “regular workplace balancing,” they will be laying off 211 employees located at its Palo Alto headquarters, including 56 remote workers, 10 executives, and 155 others spread across the headquarters staff.

MARCH 28, 2019 — VMWARE TO LAYOFF SENIOR EMPLOYEES

VMware has announced that, as part of its “routine review” of employees, it would be laying off 116 employees, including 116 jobs at its Palo Alto headquarters and another 10 remote workers. According to a WARN notice filed with the State of California, the positions include senior directors, managers, and a vice president of :go to market experience.”

According to a company spokesperson, ““We can confirm that there have been a limited number of changes to our workforce this month. This is a part of regular workforce rebalancing that ensures resources across VMware’s global businesses and geographies are aligned with strategic objectives and customer needs."

FEBRUARY 2, 2018 — Original Post…

VMware, is laying off 159 employees at its Palo Alto, California headquarters and elsewhere according to a WARN (Worker Adjustment and Retraining Notification) mass layoff statement filed with the State of California. According to Michael Thacker, a spokesperson for VMware, the layoffs are a routine part of its normal operations. Thacker said, “Work force re-balancing is a continual activity across VMware’s businesses and geographies to ensure that resources are aligned with business objectives and customer needs. We continue to recruit in areas of strategic importance for the company.” The 20-year-old company laid off approximately 800 workers in 2016.

Rumors continue to surface that has privately-owned, Texas-based Dell Technologies, owning approximately 80% of VMware from its acquisition of EMC in 2016, will either purchase the remaining portion of VMware or itself be merged into VMware in a reverse merger. 

VMware is an iconic name in the virtualization industry and was instrumental in saving hundreds of millions of dollars in direct costs and indirect costs involving the efficient utilization and protection of IT systems.  Virtualization remains one of the most important techniques for preventing the spread of viruses and malware, allowing the efficient backup and restoration of systems, and to provide heightened security of a computer used by multiple users. This in addition to allowing any computer to host various operating systems at the same time. 

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere ... are you now wondering, Am I Next?